Insurance Post

Solvency II risk margin is ‘fundamentally flawed’: PRA

hm-treasury

Solvency II is broadly fine but there are some bugs that need to be ironed out, the CEO of the Prudential Regulation Authority has said.

Sam Woods told the Treasury's Select Committee that insurers were exaggerating the problems with the regulation.

Last month Aviva and Legal & General gave evidence to the committee, suggesting it was

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